Nile Cotton Ginning (NCGC)

Cairo – Mubasher: The Egyptian Exchange’s listing committee (EGX) approved the delisting of the shares of Nile Cotton Ginning. A total of 52.992 million shares with an issued capital of EGP 264.96 million at a nominal value of EGP 5 apiece will be …

Cairo – Mubasher: The Egyptian Exchange (EGX) said that Nile Cotton Ginning executed a transaction to purchase the shares of those who are affected negatively by the voluntary delisting decision. The company bought 439,150 shares for EGP 50 …

Cairo – Mubasher: The Egyptian Exchange (EGX) announced that Nile Cotton Ginning submitted a request to delist its 52.99 million shares valued at EGP 5 apiece from the bourse as per the board’s decision. Procedures are underway to implement the …

Cairo – Mubasher: The Egyptian Exchange (EGX) announced the resumption of executing the mandatory tender offer (MTO) submitted by IMEX International on the shares of Nile Cotton Ginning. The transaction involved 2.019 million shares at a value of …

Cairo – Mubasher: The board of directors of Nile Cotton Ginning approved the voluntary delisting of the company’s shares from the Egyptian Exchange (EGX). The board also approved the purchase of the shares owned by shareholders who are against the …

Cairo – Mubasher: Nile Cotton Ginning turned to net losses of EGP 3.23 million in the first quarter (Q1) of fiscal year 2020/2021, against net profits of EGP 467,172 in the year-ago period. The company generated EGP 75,036 in revenue in the …

Cairo – Mubasher: The financial indicators of Nile Cotton Ginning showed a turn to net losses of EGP 3.05 million in the first quarter (Q1) of fiscal year 2020/2021, versus net profits of about EGP 467,172 in the year-ago period. The company’s …

Cairo – Mubasher: The mandatory tender offer (MTO) submitted by IMEX International for the acquisition of Nile Cotton Ginning was executed on the Egyptian Exchange (EGX) at a value of EGP 2.48 billion. The transaction involved 49.76 million …

Cairo – Mubasher: The Egyptian Exchange (EGX) announced that an offer has been submitted by IMEX International to purchase up to 52.99 million shares or 100% of Nile Cotton Ginning for EGP 50 a share. The offer includes acquiring a minimum 51% …

    Cairo – Mubasher: The net profits of Nile Cotton Ginning soared by 594.5% year-on-year (YoY) to EGP 54.48 million during fiscal year 2019/2020 from EGP 7.8 million. The company’s revenues plummeted to EGP 7.4 million from July 2019 to the end …

Cairo – Mubasher: The unaudited financial results of Nile Cotton Ginning showed a 703% jump in its net profits to EGP 63 million in fiscal year 2019/2020, compared to EGP 7.84 million a year earlier. Total shareholders’ equity reached EGP 452.95 …

Cairo – Mubasher: The shareholders of Nile Cotton Ginning approved a proposal to increase the issued capital to EGP 529.92 million from EGP 264.96 million. The company’s extraordinary general meeting (EGM) approved to double its capital by issuing …

Cairo – Mubasher: Nile Cotton Ginning will pay EGP 231.1 million to settle its dispute with the Holding Company for Construction and Development (HCCD). The company announced that the ministerial committee for settling investment disputes approved …

Cairo – Mubasher: Nile Cotton Ginning announced settling its debt with the National Bank of Egypt (NBE) by paying EGP 25 million.  The company has received a discharge of its debt owed to the state-run lender, according to a statement to the …

Cairo – Mubasher: Nile Cotton Ginning reported a 933.3% year-on-year profit hike during the first nine months of fiscal year 2019/2020. The company achieved net profits of EGP 38.28 million during the nine-month period ended on 31 March, compared …

Cairo – Mubasher: Nile Cotton Ginning announced turning profitable during fiscal year 2018/2019. The company logged a net profit of EGP 7.84 million from July 2018 to last June, versus a loss of EGP 2.61 million in the year-ago period, according …

Cairo – Mubasher: Nile Cotton Ginning achieved a surge of 80.3% in profits during the nine months ended on 31 March 2019 when compared to the same period a year ago. Net profits grew to EGP 3.57 million during the period from July 2018 to March …

Cairo - Mubasher: Nile Cotton Ginning reported losses of EGP 70.06 million in the three-month period ended 31 December 2016 versus profits of EGP 4.65 million in the same period the year before. During the first half of fiscal year 2016-2017, from …

Cairo – Mubasher: Nile Cotton Ginning brought down its losses by 48.7% for the first quarter of the fiscal year 2016 – 2017. The company-logged losses of EGP 2.52 million for Q1 – FY16/17 compared with EGP 4.91 million a year earlier. The company …

By: Mahmoud Salah Eldin Mubasher - Cairo: The ordinary general meeting (OGM) of Nile Cotton Ginning decided on Monday to form a committee to meet Egyptian prime minister (PM) Sherif Ismail, the company’s board member Tarek Shawki told Mubasher. …

Cairo – Mubasher: Nile Cotton Ginning reported a 42% increase in annual losses, according to a bourse filing. The company logged EGP 11.8 million ($1.3 million) losses in the fiscal year 2015/16, compared with EGP 8.3 million losses ($934,000) a …

Cairo – Mubasher: Nile Cotton Ginning logged EGP9.2 million losses ($1.03 million) in the first nine months of 2015/16, said the company in a bourse filing. The company’s FY15/16 losses thus deepened by 48% from EGP6.2 million ($694,360) for the …

Cairo – Mubasher: Nile Cotton Ginning said it narrowed its losses by 94% for the first half of the fiscal year 2015/16, according to its interim audited financial statements. The company posted EGP 255,000 in losses H1-FY 15/16, compared with EGP …

Cairo – Mubasher: Nile Cotton Ginning posted net profits of EGP 10 million for the second quarter of the fiscal year 2015/16, according to the company’s unaudited interim financial statements. Meanwhile, the company reported net profits of EGP 4.7 …

Cairo - Mubasher: Nile Cotton Ginning Co. suffered EGP 5.3 million in losses for the first quarter of the fiscal year 2015/16, compared with EGP 4.3 million for the same period of the previous year. The company's losses reached EGP 8.4 million for …